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    550 W Webster Ave Chicago, IL 60614

    For Lease
    $32 SF/Yr

    Prime retail/office space ready for a new tenant.

    Property Features for 550 W Webster Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2017

    Source: JAMESON COMMERCIAL Agent BARRY KADISH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Retail/Office Space

    Located at 550 W. Webster Avenue, this space is available for lease. The property is new construction and features an open-concept floor plan that provides ample space for collaboration and creativity, while still allowing for privacy in separate work areas. Ownership will provide tenant buildout. The unit is suitable for a medical, dental, or medspa office and can be easily divisible. The office is easily accessible from major highways and public transportation. The building offers on-site parking and 24/7 security.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ivette Sandoval Occupational Therapist St Joseph Hospital: ... Doctor Kuznetsky Kenneth A MD Doctor Tsipursky Svetlana S ... Doctor Lincoln Park Hospital: ... Doctor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Oz Animal Hospital Lincoln Park, Mid North Animal Hospital, Scout Veterinary Care

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6433599
    Latitude
    41.9223507

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    FAQs

    What type of property is this?
    Medical office - Prime retail/office space ready for a new tenant.
    Where is this medical office located?
    The property is located at 550 W Webster Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with easy access to major highways and public transportation.; - Suitable for medical, dental, or medspa office, and easily divisible.; - Tenant buildout provided by ownership.
    (312) 216-8000
    Request Owner's contact information
    550 W Webster Ave Chicago, IL 60614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 W Webster Ave Chicago, IL 60614
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